Tuesday, December 24, 2024
Chevron CEO touts Texas growth, urges industry improvements on emissions - oil and gas 360

Chevron CEO Speaks Truth to Greenout Power: Oil and Gas Is the Future –

Natural Gas Now Oil & Gas 360 Publishers Note: Robert Bradley, Jr, Founder and CEO of the Institute for Energy Research Principal, MasterRsource: A Free-Market Energy Blog, has put a great article together on Chevron’s view on diversification into the “Greenout”. There is a right way to look at power generation – “Balanced”. Use the lowest kWh to get power

OPEC - oilandgas360

OPEC to explore blue hydrogen, new technologies

Energy Mix Report The Organisation of Petroleum Exporting Countries (OPEC) at the weekend said it was going to explore the future of blue hydrogen, digitalisation in the energy sector and cyber security and blockchain technology. Its Secretary-General Mohammad Barkindo, said the oil and gas sector has always been keen on deploying the latest technologies to improve productivity. “The energy industry,

PetroChina posts 4 4 billion H1 loss pledges near-zero emissions by 2050 - Flag -oilandgas360

PetroChina posts $4.4 billion H1 loss, pledges near-zero emissions by 2050

MarketScreener PetroChina Co pledged on Thursday to cut emissions to near zero by 2050, as it reported a plunge to a first-half net loss of 29.98 billion yuan ($4.36 billion) on lower oil prices and a hit to demand from the COVID-19 crisis. Asia’s largest oil and gas producer vowed to boost clean energy investments over the next five years,

Green bank gets 1 b fund for new projects - oilandgas360

Green bank gets $1b fund for new projects – Australia changing fund to include hydro and gas

TheAdvocate The Morrison government says a new fund will encourage investment in power generation, storage and transmission and push down prices. Energy Minister Angus Taylor on Thursday introduced draft laws allowing the next step for his underwriting new generation investments program to occur through a $1 billion fund. Under its existing rules the Clean Energy Finance Corporation can only invest

Europe faces high hurdles to make hydrogen hype reality- oil and gas 360- oil and gas 360

Europe faces high hurdles to make hydrogen hype reality

Reuters LONDON/BRUSSELS  – A European Union goal to boost the use of zero-carbon hydrogen is likely to be a pipe dream unless the bloc can find billions in investment and persuade member states, under strain from the pandemic hit to their economies, to give their backing. Last month, the European Commission mapped out a plan to expand the production and

Negotiations start with industry team to support design and build of Versatile Test Reactor

Energy Central IDAHO FALLS – Battelle Energy Alliance (BEA) has initiated contract negotiations with a team led by Bechtel National Inc. to support the design and build phase of the Versatile Test Reactor, a one-of-a-kind facility that would support research and development of innovative, clean nuclear energy technologies. The BNI team also includes TerraPower and GE Hitachi Nuclear Energy. The announcement comes after BEA, the contractor that

Range announces cash tender offer for up to $400 million aggregate principal amount of certain of its outstanding debt securities- oil and gas 360

Range Resources Publishes Updated Corporate Sustainability Report – Targets Net Zero GHG Emissions by 2025

360 Feed Wire RANGE RESOURCES CORPORATION (NYSE: RRC) (“Range” or the “Company”) announced the publication of an updated Corporate Sustainability Report today. The 2020 Corporate Sustainability Report covers a broader and deeper set of topics, with a focus on a material set of issues for the business and key stakeholders, underscoring the Company’s commitment to increased transparency around these important initiatives. “We have made

1pointfive - direct Air Capture corbon capturing plants

ArtNew joint venture moving forward with Permian carbon capture plant

MRT The Permian Basin has been the center of oil and gas production nationally – even globally – amid its unconventional shale boom. Now the region stands to be the global center of efforts to capture and eliminate carbon emissions, helping the environment and climate change. That’s because the region will be the site of the world’s largest Direct Air

Green California Has the Nation’s Worst Power Grid - oilandgas - Fig 1

Green California Has the Nation’s Worst Power Grid

Washington Examiner More than a million Californians suffered power blackouts last Friday evening. When high temperatures caused customer demand to exceed the power available, California electrical utilities used rotating outages to force a reduction in demand. The California grid is the worst in the nation, with green energy policies pursued by the state likely furthering reduced grid reliability. At 6:30